88
88
Jan 24, 2013
01/13
by
MSNBCW
tv
eye 88
favorite 0
quote 0
the proposal would put 3 cent tax on every $100 of stock bonds tax derivatives, saying it would generate $352 billion in ten years. not chump change. think about it for a second. here is 520s. there is $100. visualize this. there is $100. every time there is 100, there is three cents. i better get my piggy bank out here. just like that. that's it. that's it. one hundred, three cents, there you have it. what could we do with $352 billion? do you think maybe we could pay for at least one of the wars? or do you think maybe we could insure maybe another 30 million people? do the math. that would pay for about half of obama care. that would really make the righties happy. think about it. why is it number one, wall street doesn't get prosecuted. number two, they get off scot-free on these transactions. this is an easy thing, and nobody is going to feel it. everything is going to be fine. joining me tonight, david cay johnston, pulitzer prize winning journalist and author of "the fine print." david cay, grit to have you with us. >> good to be here. >> explain what a high-speed trade is for thos
the proposal would put 3 cent tax on every $100 of stock bonds tax derivatives, saying it would generate $352 billion in ten years. not chump change. think about it for a second. here is 520s. there is $100. visualize this. there is $100. every time there is 100, there is three cents. i better get my piggy bank out here. just like that. that's it. that's it. one hundred, three cents, there you have it. what could we do with $352 billion? do you think maybe we could pay for at least one of the...
179
179
Jan 24, 2013
01/13
by
FOXNEWSW
tv
eye 179
favorite 0
quote 0
he, of course, is the highest earner. 37 in live in texas which is a no tax state. 67 live in florida, also no taxes and several democratic lawmakers in california came out today and said, look, they don't believe high taxes force anybody out of this state, shep. >> shepard: trace gallagher in los angeles. trace, thanks. the family of the legendary linebacker junior is ais now suing the national football league over his death. their claiming the league deliberately ignored and hid evidence of hits of repeated hits to the head. those hits led to the brain disease that caused sao's suicide. when he killed himself last year he had a degenerative brain condition associated with head trauma. he played 20 playoff season and suffered multiple concussion. his family says in later years he forgot things, couldn't sleep was depressed. no response yet in nfl officials. the league has consistently denied similar allegations. there is a man begging on a street in oregon. and he is asking for a whole lot more than loose change. this guy is after a kidney. and the thing is, it looks like it may have
he, of course, is the highest earner. 37 in live in texas which is a no tax state. 67 live in florida, also no taxes and several democratic lawmakers in california came out today and said, look, they don't believe high taxes force anybody out of this state, shep. >> shepard: trace gallagher in los angeles. trace, thanks. the family of the legendary linebacker junior is ais now suing the national football league over his death. their claiming the league deliberately ignored and hid...
159
159
Jan 24, 2013
01/13
by
FOXNEWSW
tv
eye 159
favorite 0
quote 0
the fees could be as high as 4%, maybe not that high, we can only hope, don't want another tax. and applies to online shoppers as well. the key you want to hear, debit and prepaid cards are exempt from this. there are questions out there whether american express users will be able to avoid this. they have special language in their contract which means they may be exempt, shep. >> shepard: and these fees are illegal in some states. >> yeah, ten states, you're lucky in you live in california, colorado, connecticut, florida, kansas, maine, massachusetts, new york, oklahoma, and texas. i just want to tell people like the rooeason it's a big deal. look i'll pay cash, what's the big deal. >> shepard: if you have cash on you. >> if you have cash on you, a, and b, credit cards have protections for consumers. if you want to call up after you bought something and falls apart and you don't want to pay for it you call the credit card operator and have it expunged, you can't necessarily do that with cash and get your money back, big protections built in for people who use credit card. i'm no
the fees could be as high as 4%, maybe not that high, we can only hope, don't want another tax. and applies to online shoppers as well. the key you want to hear, debit and prepaid cards are exempt from this. there are questions out there whether american express users will be able to avoid this. they have special language in their contract which means they may be exempt, shep. >> shepard: and these fees are illegal in some states. >> yeah, ten states, you're lucky in you live in...
185
185
Jan 24, 2013
01/13
by
FOXNEWSW
tv
eye 185
favorite 0
quote 0
all right, taxed to the max. when progolfer phil mickelson complained about being taxed to the max in california, the media went nuts. >>brian: mickelson felt he had to apologize just for speaking his mind. >> you know, i've made some dumb, dummies -- dumb, dumb mistakes. obviously this is one of them. my apology is for talking about it publicly. i shouldn't take advantage of the forum i have as a professional golfer to try to ignite change over these issues. >>brian: he's not saying he's not going to move. should he really feel bad? after all, california is one of the highest taxed states in the nation, if not the highest. joining us live from miami is grant cardon, mickelson's former neighbor. he left california for florida where there is no individual income tax. are you disappointed that phil even backtracked yesterday? >> absolutely i'm disappointed because i think some of the intolerance for wealthy people standing up and saying i don't want to be taxed anymore is that the wealthy people don't stand up and
all right, taxed to the max. when progolfer phil mickelson complained about being taxed to the max in california, the media went nuts. >>brian: mickelson felt he had to apologize just for speaking his mind. >> you know, i've made some dumb, dummies -- dumb, dumb mistakes. obviously this is one of them. my apology is for talking about it publicly. i shouldn't take advantage of the forum i have as a professional golfer to try to ignite change over these issues. >>brian: he's not...
157
157
Jan 24, 2013
01/13
by
CNBC
tv
eye 157
favorite 0
quote 0
in the meantime, we know taxes on our dividends aren't going up. they stayed almost the same. that's a remarkable surprise that nobody talks about. but the need to find higher after tax yields is behind the huge move in the big dividend paying drug stocks. it's why we pay more for bristol-myers as we did today or johnson & johnson which kind of hangs in there despite the earnings miss and the horrendous implication of their faulty hip product. it's why we're paying more for the oils, all the oils because more oil will be used when things get better sending the hesses and conocos higher with them. that's how it can be ten points above where it was when it pre-announced a shortfall. and, of course, any uptick in employment has huge implications with autos and for homes where for a couple of years we were building homes at a rate that came in under what we were building when we had half as many people in this country. and it means more businesses for the banks, the processed home loans and that group gets revalued upward. we use more copper, more wood, more fiber, aluminum, glass
in the meantime, we know taxes on our dividends aren't going up. they stayed almost the same. that's a remarkable surprise that nobody talks about. but the need to find higher after tax yields is behind the huge move in the big dividend paying drug stocks. it's why we pay more for bristol-myers as we did today or johnson & johnson which kind of hangs in there despite the earnings miss and the horrendous implication of their faulty hip product. it's why we're paying more for the oils, all...
127
127
Jan 24, 2013
01/13
by
CSPAN
tv
eye 127
favorite 0
quote 0
i don't think we can continue to tax the american economy when we need economic growth but it's about prioritizing spending. i'm a fiscal conservative who believes foreign aid can be useful but we have to get spending under control. will you use your position to encourage the president to work with us in good faith to solve the debt -- the debt and deficit issue? >> i spent six months, i guess, or five month, as a member of the super committee and i put enormous amount of energy and hope that we would be able to get the big bargain, the grand deal. i'm not here to go through all the the tails why we didn't. but there was a very hard line, nonnegotiating position that prevented us from being able to come to an agroment which incidentally we just came to. but we came to it with far less on the table and far less accomplished than we would have had if we'd come to that agreement six months ago or a year ago. so my hope is, yes, i certainly will weigh in on that to the degree that it has an impact on my ability to do my job and the ability of the state department to do its job. we cannot
i don't think we can continue to tax the american economy when we need economic growth but it's about prioritizing spending. i'm a fiscal conservative who believes foreign aid can be useful but we have to get spending under control. will you use your position to encourage the president to work with us in good faith to solve the debt -- the debt and deficit issue? >> i spent six months, i guess, or five month, as a member of the super committee and i put enormous amount of energy and hope...
143
143
Jan 24, 2013
01/13
by
CSPAN2
tv
eye 143
favorite 0
quote 0
as you can see, even if you have got all the tax increases, the president got all the tax increases that he wanted, this represents this line right here, it still doesn't come anywhere close to dealing with the spending that is going to explode in the out years if we don't do something to reign that in by reforming many of these programs that i just mentioned. if we're going to save and protect social security and medicare for future generations, we have to reform those programs in a way that doesn't create this huge red line that spikes into the future and literally bankrupts the country. in fact, social security ran a cash deficit in 2010. medicare, we're told by the actuaries, will be insolvent by the year 2024, and in fact in the hospital portion of the medicare trust fund we're told may be insolvent by the year 2016. so these are important dates to remember, because those are the dates at which the revenue coming in from the payroll taxes that support social security and medicare no longer pay for the benefits that are paid out to beneficiaries. and so, you know, we have got this so
as you can see, even if you have got all the tax increases, the president got all the tax increases that he wanted, this represents this line right here, it still doesn't come anywhere close to dealing with the spending that is going to explode in the out years if we don't do something to reign that in by reforming many of these programs that i just mentioned. if we're going to save and protect social security and medicare for future generations, we have to reform those programs in a way that...
83
83
Jan 24, 2013
01/13
by
CSPAN
tv
eye 83
favorite 0
quote 0
mired in the back and forth, but i believe we would be doing more to prevent future tragedies and the tax if we take -- attacks if we take the recommendation . they just wanted to look at the facts, which they did an excellent job doing, and tell us what we need to do. >> thinking about future attacks and trying to prevent those, on september 12, the president vowed to bring to justice the killers who attacked our people in benghazi. we ask the question and the senator talk about the people perpetrating the recent attacks in algeria, were they emboldened because no one has yet paid the penalty for our facility in benghazi? >> i know the fbi has been briefing some committees, i assume members of staff in this committee are included. , about the progress of their investigation. i got the update from the director a few days ago when he returned from south africa. they are following some very promising leads and putting together cases. they would have to speak to you directly about that in a classified setting. i think what they are trying to determine is how best to respond. what the preside
mired in the back and forth, but i believe we would be doing more to prevent future tragedies and the tax if we take -- attacks if we take the recommendation . they just wanted to look at the facts, which they did an excellent job doing, and tell us what we need to do. >> thinking about future attacks and trying to prevent those, on september 12, the president vowed to bring to justice the killers who attacked our people in benghazi. we ask the question and the senator talk about the...
63
63
Jan 24, 2013
01/13
by
MSNBC
tv
eye 63
favorite 0
quote 0
to either tax them or take them. it's the only reason. and anyone who says that's excessive, president obama says you're an absolutist. >> well, the nra has been unapologetic in its defense of gun rights, of course, fighting even nationally popular controls like background checks and ammunition limits. in fact, the nation's gun extremists out there have hit the panic button in their delusional belief that president obama sits atop a tyrannical government in their delusion to take away guns. joining me dana will bank and former san francisco mayor willie brown. i want to go to mayor brown on this. it just seems to me there are other reasons to have lists of people buying guns, especially semiautomatic rifles, mayor. they have fingerprints on people out there. we don't collect people's hands. this is an absurd lie. of course there are reasons to want to know who buys certain guns. maybe we should have ballistic tests on everything so we have know who kills somebody. your thoughts. are they crazy or smart or both? >> no, i think they're abso
to either tax them or take them. it's the only reason. and anyone who says that's excessive, president obama says you're an absolutist. >> well, the nra has been unapologetic in its defense of gun rights, of course, fighting even nationally popular controls like background checks and ammunition limits. in fact, the nation's gun extremists out there have hit the panic button in their delusional belief that president obama sits atop a tyrannical government in their delusion to take away...
91
91
Jan 24, 2013
01/13
by
CSPAN2
tv
eye 91
favorite 0
quote 0
relief act, paying fair share act of 2012, repeal big oil tax subsidies act, teachers and first responders back-to-work act, american jobs act of 2011, public safety employer-employee cooperation act, paycheck fairness act, creating american jobs and ending offshoring act. now, again -- again, it's not that the bill was filibustered. the right to even debate these bills and vote on them was filibustered. one thing, he go on the bill and they filibuster. no, we couldn't even debate it. even though a majority of senators voted for cloture. not 60 but a majority. so the majority thwarted from even bringing these up and debating them and even letting people offer amendments. now, it used to come that if a senator opposed a bill, he or she would engage in a spirited debate, try to change people's minds, attempt to persuade the public, offer amendments, vote "no," and then try to hold members who voted "yes" accountable at the ballot box. isn't that what it's about? in contrast, today, to quote former senator charles mathias, a republican, in 1994. here's what he said, 1994 -- quote -- "the fili
relief act, paying fair share act of 2012, repeal big oil tax subsidies act, teachers and first responders back-to-work act, american jobs act of 2011, public safety employer-employee cooperation act, paycheck fairness act, creating american jobs and ending offshoring act. now, again -- again, it's not that the bill was filibustered. the right to even debate these bills and vote on them was filibustered. one thing, he go on the bill and they filibuster. no, we couldn't even debate it. even...